- June 4, 2020
- Posted by: Fabian Moa, CFA, FRM, CTP, AFM, FMVA, FSA Credential
- Categories: CFA, CFA Level 2
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CFA Level 2
Topic: Corporate Finance
Reading: Capital Budgeting
The economic income is the after-tax cash flow plus the change in market value of a project / asset, or we can express it as after-tax cash flow minus economic depreciation.
Learn how to compute the economic income in any particular year in this video (with a quick shortcut).
Find out more about the CFA Level 2 exam preparatory courses offered at Noesis. We offer face-to-face tuition classes (lecture and revision/review) in Malaysia and the Blended Online (B/O) mode for candidates from Malaysia, Singapore, and Vietnam.